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we don't see any negativity coming out next weekend with the fiscal cliff business. if we don't do the parties say we are off the table right now, say a small rally going into the weekend. david: that is good news, thank you very much, appreciate it. liz: today president obama and house speaker john boehner spoke out about the troubles facing the nation. saying they need to work together. david: they always say that but when push comes to shove, will we see compromise on the critical issues? rich edson from the white house with details. is it going to happen? >> it is a little too early to tell, but look, the democrats campaign in raising taxes on those earning more than $250,000 per year and the voters he said have spoken. the white house later said the president would veto any bill that doesn't raise taxes on the wealthier taxpayers. he is willing to talk. >> i'm open to compromise. i'm open to new ideas. i'm committed to solving the fiscal challenge. but i refuse to accept any approach that isn't balanced. speak of the president said he invited readers to come ove
we don't see any negativity coming out next weekend with the fiscal cliff business. if we don't do the parties say we are off the table right now, say a small rally going into the weekend. david: that is good news, thank you very much, appreciate it. liz: today president obama and house speaker john boehner spoke out about the troubles facing the nation. saying they need to work together. david: they always say that but when push comes to shove, will we see compromise on the critical issues?...
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Aug 15, 2012
08/12
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FOXNEWS
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the uncertainty of a tax cut extension and the threat of a fiscal cliff is puing fiscal fear in many businesses. we have the president of a software community. nice to see you, sir. >> nice to be here, thank you for having me. >> greta: i understand, southwire is a family-owned, private company with 5,000 employees. what impact does it have on your company that you don't know what will happen come the end of the year with the taxes? >> it impacts our economy because it impacts our customers. to give you context, our motto is we deliver power. we make wire and cable products that move power and inside every kind of building you can imagine, homes, many of your viewers probably have our wire mind their walls and commercial installations and retail space and apartment building and it is like. and factories, et cetera. so we have quite a window into the conduction markets around the united states. i can tell that you our customers are very, very concerned about this fiscal cliff and believe it can cause them great damage on their businesses. >> greta: is it the uncertainty of what is goi
the uncertainty of a tax cut extension and the threat of a fiscal cliff is puing fiscal fear in many businesses. we have the president of a software community. nice to see you, sir. >> nice to be here, thank you for having me. >> greta: i understand, southwire is a family-owned, private company with 5,000 employees. what impact does it have on your company that you don't know what will happen come the end of the year with the taxes? >> it impacts our economy because it impacts...
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Nov 14, 2012
11/12
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MSNBC
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. >> let's talk for a moment first about the fiscal cliff. the business leaders who came in following, of course, the labor leaders and others who came in yesterday to talk about the bargaining and the terms of reference, what did he hear from the business community about what bargains points he should be making and how important it is or isn't to avoid the fiscal cliff? >> the business community wants certainty. that's what they care more about anything else. they want certainty. the question is going to be how much of an ally can they be to the president. he has a specific goal he has in mind. decoupling the bush tax rates if you will, for the wealthy, 250 for couples and above and everybody else. it's a bill that's already passed the senate. the president wants to get that enacted into law and then have the discussion about tax reform. and i -- the question is going to be, does he try to get the business community's support on that front and say look, i can get you certainty for a year as we do the larger conversation on corporate and pers
. >> let's talk for a moment first about the fiscal cliff. the business leaders who came in following, of course, the labor leaders and others who came in yesterday to talk about the bargaining and the terms of reference, what did he hear from the business community about what bargains points he should be making and how important it is or isn't to avoid the fiscal cliff? >> the business community wants certainty. that's what they care more about anything else. they want certainty....
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Oct 2, 2012
10/12
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CNNW
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>> the fiscal cliff is incredibly important to that overall. so they don't think we'll go over the fiscal cliff. how they fix it is critical. already so many business leaders and big ceos who have been saying it's okay that you all think we're not going to go over the fiscal cliff, but we're holding off on hiring new people, building new plants, spending more money on r & d until we can see -- >> that's damage. >> every day that it's a big discussion it's damage. and what senators and congress members need to be very careful of is punting this into next year. because all that uncertainty is something that will be business growth over america. >> i'm going to suggest they all have a session and actually come to some kind of measure where they can avoid this catastrophe. >> well, the mome should have been last year for the debt ceiling negotiations and instead it was all out war from republicans and democrats. in terms of the payroll tax, you're right, even if they fix the fiscal cliff, very few expect the payroll tax holiday which was meant to b
>> the fiscal cliff is incredibly important to that overall. so they don't think we'll go over the fiscal cliff. how they fix it is critical. already so many business leaders and big ceos who have been saying it's okay that you all think we're not going to go over the fiscal cliff, but we're holding off on hiring new people, building new plants, spending more money on r & d until we can see -- >> that's damage. >> every day that it's a big discussion it's damage. and what...
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Nov 27, 2012
11/12
by
KPIX
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. >>> president obama is making a public case this week for his approach to avert the "fiscal cliff." he is meeting today and tomorrow with small business owners and middle class families and he will visit a small business in pennsylvania on friday. negotiations with republicans continue behind closed doors. a democratic senator says his side is willing to discuss reform of medicare and medicaid. >> the math just doesn't work anymore. not because the programs are bad but because thank goodness we're living longer. >> republicans are signalling they're open to compromise but so far, they still oppose the president's idea to raise taxes on the wealthy. instead, republican leaders want to limit tax deductions and loopholes without an agreement. across-the-board tax hikes will take effect on january 1 without an agreement. here's a breakdown of what would happen. for households earning 20 to $40,000, the tax increase would be $1,200. for householder, 40 to $64,000, the tax hike would be $2,000. and with those incomes of $64,000 up to 6 figures, it would be a $3,500 tax increase. >>> it's
. >>> president obama is making a public case this week for his approach to avert the "fiscal cliff." he is meeting today and tomorrow with small business owners and middle class families and he will visit a small business in pennsylvania on friday. negotiations with republicans continue behind closed doors. a democratic senator says his side is willing to discuss reform of medicare and medicaid. >> the math just doesn't work anymore. not because the programs are bad...
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Dec 31, 2012
12/12
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MSNBCW
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cliff. >> all right. amman, aside from the impact on businesses, right, there's also this impact particularly on lower income americans. >> right. >> you have the payroll tax, which is scheduled also -- the payroll tax cut is scheduled to expire, which would increase taxes on people who are paying that from 4.2ers perz to 6.2%. . what impact would that have on individual spending? isn't that one of the more stimulating stacks cuts that was passed in 2009? >> that was designed as a short-term stimulus. people see that immediately in their paycheck, and the idea was nelled immediately go out and spend it. s people have been spending it. once that goes up, you will see less money in your paycheck as a result of the payroll tax cut not being extended this time around. both democrats and republicans agree not to extend it. neither party kind of likes that tax cut, but for different reasons. so for a lot of political reasons, that's not in this debate right now. that thing has been left aside, and we're talking
cliff. >> all right. amman, aside from the impact on businesses, right, there's also this impact particularly on lower income americans. >> right. >> you have the payroll tax, which is scheduled also -- the payroll tax cut is scheduled to expire, which would increase taxes on people who are paying that from 4.2ers perz to 6.2%. . what impact would that have on individual spending? isn't that one of the more stimulating stacks cuts that was passed in 2009? >> that was...
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Dec 23, 2012
12/12
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CNNW
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on the way to avert the fiscal cliff, chow quinlan has put plans to expand her business on hold. she's worried because going over the clip will cost middle class families an estimated $2,000 a year. money people won't have to spend here. >> it's always challenging when you're in a recreational type of environment. because that's sometimes the first thing that people consider you know when they're evaluating their finances and what am i going to spend my money on. >> the fear that i have is that we're going to lose some customers, we're going to lose our shoppers and we've been here for ten years. >> for clothing store owner lindsay boucher. it's been a rough few years since the recession. now she says she's terrified we're on the verge of tumbling back in. >> i think the effects of them not coming up with a plan is going to be devastating and i see a huge, a bigger recession. >> the prospect of higher taxes next year means boucher is cutting back now. trimming staff for january and february, only buying clothing she's sure will sell. her goal, just to keep her business afloat. >>
on the way to avert the fiscal cliff, chow quinlan has put plans to expand her business on hold. she's worried because going over the clip will cost middle class families an estimated $2,000 a year. money people won't have to spend here. >> it's always challenging when you're in a recreational type of environment. because that's sometimes the first thing that people consider you know when they're evaluating their finances and what am i going to spend my money on. >> the fear that i...
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Nov 28, 2012
11/12
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KPIX
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. >> president obama is turning up the pressure on republicans to avoid the "fiscal cliff." the president talked to small business owners at the white house today and he made his case to extend tax cuts for the middle class and allow bush-era tax cuts to expire for the wealthiest americans. republicans say raising taxes on top earners would hurt small businesses and cost jobs. >> we need to sit down and work this matter out. i think we have a clear sense that there's an opportunity her at the end of the year to do something important for the country. >> he has not waited for people to start smelling the jet fumes at national airport. he put forward a plan. >> if congress doesn't compromise the company will plunge into recession. >>> investigators have taken samples from the remains of long-time palestinian leader yasser arafat. eight years after his death, they are trying to determine if he was poisoned. rita nissan on a search for evidence. >> reporter: palestinian leaders laid wreaths outside the west bank grave of yasser arafat after forensic experts exhumed his body. int
. >> president obama is turning up the pressure on republicans to avoid the "fiscal cliff." the president talked to small business owners at the white house today and he made his case to extend tax cuts for the middle class and allow bush-era tax cuts to expire for the wealthiest americans. republicans say raising taxes on top earners would hurt small businesses and cost jobs. >> we need to sit down and work this matter out. i think we have a clear sense that there's an...
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Oct 26, 2012
10/12
by
CNBC
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eye 161
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if we have to go into this fiscal cliff business, 2% growth, 1.5% growth affords us no safety margin whatsoever. >> that's exactly right, larry. i mean you can't take a 600 billion dollar tax hike and set a spending cuts even if you're a case withy keynesian to think growth would not be significant in the first half the year. no room to absorb it. >> wlits 2% or 1.5% or whatever do you see a recessionary threat, in other words this is a growth stall and in the old days economists used to call this kind of thing a growth recession. you yourself worry about a recession. >> we know we have a revenue recession. we have a profits version. we have a capital goods recession. now we have to look forward to austerity. my own take is that washington is giving us a binary choice. either to embrace 1 trillion deficits going back four years and trillion deficits every year until we have a bond crisis and market crisis or go over the fiscal cliff. we have to do something. >> would you go over the cliff? alan greenspan would go over the cliff. alan greenspan said let the tax revenues go up. >> if w
if we have to go into this fiscal cliff business, 2% growth, 1.5% growth affords us no safety margin whatsoever. >> that's exactly right, larry. i mean you can't take a 600 billion dollar tax hike and set a spending cuts even if you're a case withy keynesian to think growth would not be significant in the first half the year. no room to absorb it. >> wlits 2% or 1.5% or whatever do you see a recessionary threat, in other words this is a growth stall and in the old days economists...
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147
Sep 27, 2012
09/12
by
FBC
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on this fiscal cliff. look at the sequestration, all the disasters that lie ahead. leof course we have a dysfunctional government, you want to blame republicans, democrats, it is dysfunctional. the business person out there, going to have to hire an accountant to handle obamacare and the new regulations coming down? or are you going to hire additional people? we have to give them an environment of certainty, and that means among other things a tax code with two deductions, home loan and charitable deductions and the rest of it you do away with. have you met an american but when support that simplification of the tax code? liz: i met a lot of lobbyists but wouldn't. but they quickly get your thoughts on defense spending. facing billions and billions of cuts over 10 years. could you sit here and say there is no where defense could cut? or are there places to do some? >> there are a lot of places that could be cut. if you take into context already cutting $460 billion in the works. this is another 480 whatever it is. you don't have to take my word for it, but these are
on this fiscal cliff. look at the sequestration, all the disasters that lie ahead. leof course we have a dysfunctional government, you want to blame republicans, democrats, it is dysfunctional. the business person out there, going to have to hire an accountant to handle obamacare and the new regulations coming down? or are you going to hire additional people? we have to give them an environment of certainty, and that means among other things a tax code with two deductions, home loan and...
360
360
Jul 15, 2012
07/12
by
WMAR
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eye 360
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cliff that we're facing at the end of the year, those are the core issues that are going to drive voters in november. >> top republicans take your point, they say that governor romney has do a much better job of laying out an agenda for the future? our abc news/washington post poll shows that that can help him now. does governor romney need to put out more aggressive, bold, visionary agenda da? >> i think governor romney has a bold agenda moving forward that he's going reduce our debt, get our fiscal health in order. he has a tax reform plan, it's very different from the president's. not increasing taxes on small businesses. he as an agenda moving forward. it's very important. he has the experience to get americans working again. this president isn't focusing, he's focusing on these small things because he doesn't want to focus on the economy which is where we need leadership now in our country. >> finally, you have been mentioned as a possible vice presidential candidate. would kond leez sa rice be good? >> yes. >>> coming up, our powerhouse roundtable takes on the toughest week yet. >>
cliff that we're facing at the end of the year, those are the core issues that are going to drive voters in november. >> top republicans take your point, they say that governor romney has do a much better job of laying out an agenda for the future? our abc news/washington post poll shows that that can help him now. does governor romney need to put out more aggressive, bold, visionary agenda da? >> i think governor romney has a bold agenda moving forward that he's going reduce our...
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economic teams on everything from health care reform to immigration reform fiscal the fiscal cliff into. intellectual property protection and the business leaders are speaking for themselves generally speaking business leaders are centrists that are data driven they're results oriented and they are looking for compromise in washington. so there's sensually a couple more than forty companies involved in business forward in their jobs and business ford itself is involved in coordinating all of those business leaders and making sure that they have the opportunity to speak to government officials interesting so we see some of the big players here it doesn't sound like a bad idea for businesses you know to want to have more of a say and more access to the government to kind of voice their issues they of course haven't had a big impact on the economy is there a conflict of interest is there a problem there well if you're a business leader certainly why why not have the ear of a senior white house official i entirely understand why businesses would want to form business forward and be a part o
economic teams on everything from health care reform to immigration reform fiscal the fiscal cliff into. intellectual property protection and the business leaders are speaking for themselves generally speaking business leaders are centrists that are data driven they're results oriented and they are looking for compromise in washington. so there's sensually a couple more than forty companies involved in business forward in their jobs and business ford itself is involved in coordinating all of...
658
658
Dec 30, 2012
12/12
by
CNNW
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eye 658
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it is our last, best, and only hope for stopping this fiscal cliff business. we are going to speak to a republican lawmaker in a moment, and marcia blackburn and in the meantime, you are watching the speciacoverage here on cnn and don lemon and me and our colleagues in washington. we will be right back. s with adding a friend, ♪ ♪ could end with adding a close friend. ♪ the lexus december to remember sales event is on. offering some of our best values of the year. this is the pursuit of perfection. >>> as republicans and democrats are at an impasse, both sides are blaming each other, and the markets will open up by the way in asia in the next couple of hours and you might start to see a reaction, but although, i don't know what they have to react to, but our own markets will open in 14 hours from now here in the united states. maybe they will react to something, too, but my point is that congress could ruin a good economy. for perspective, we will talk to a republican from tennessee, representative marcia blackburn. thank you for being with us. >> good t
it is our last, best, and only hope for stopping this fiscal cliff business. we are going to speak to a republican lawmaker in a moment, and marcia blackburn and in the meantime, you are watching the speciacoverage here on cnn and don lemon and me and our colleagues in washington. we will be right back. s with adding a friend, ♪ ♪ could end with adding a close friend. ♪ the lexus december to remember sales event is on. offering some of our best values of the year. this is the pursuit of...
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282
Sep 10, 2012
09/12
by
FBC
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eye 282
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look, here's the deal, fiscal cliff will be dealt with. how is a big question. even if we dealt retroactively have to wonder about the uncertainty. how that affects business and investments between now and january. the other thing is who wins have a great deal of influence on what the resolution will be. senator mccain is certainly right there will be something done, but what? it depends on what happens, it is true in the largest sense but senator mccain is not in an ideal position to offer advice to his follow-on as republican nominee. lou: we might even add unsolicited. as we look at what is happening here though, governor rahn emanuel is not anywhere near closing the deal. he has a president whose policies, a man who is unpopular with his handling of the economy, until recently a relatively low approval rating sitting at 50% in the latest gallup read, but the fact is governor romney is not yet appealing to the middle class, it seems. here's talking about productivity, trade, the debt. most americans i can safely say want to talk about prosperity and jobs, wha
look, here's the deal, fiscal cliff will be dealt with. how is a big question. even if we dealt retroactively have to wonder about the uncertainty. how that affects business and investments between now and january. the other thing is who wins have a great deal of influence on what the resolution will be. senator mccain is certainly right there will be something done, but what? it depends on what happens, it is true in the largest sense but senator mccain is not in an ideal position to offer...
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113
Oct 6, 2012
10/12
by
CSPAN
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eye 113
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if we go entirely off the fiscal cliff, many more americans will be affected. there's a growing list of tax cuts mostly for businesses and some for individuals. they aren't known as the extenders. i jokingly refer to them as the expiry. ers. there are several dozen of those. there is the estate tax. originally was part of 2001-2003 but in 2010, there was a revised version of what it looks like. that expires at the end of the year. in 2009, president obama took office and the stimulus act included new credits focused on low income families and families who have kids in college. those are extended in 2010 and expire at the end of the year. there is temporary cuts in social security payroll tax that was done in the stimulus. in addition to those expiring tax provisions, another thing we have the start of next year are the start of tax increases included in the health reform act of 2010. there is a very diverse our rate of tax positions that are under discussion. that is important for understanding the effects of american households. different households are affect
if we go entirely off the fiscal cliff, many more americans will be affected. there's a growing list of tax cuts mostly for businesses and some for individuals. they aren't known as the extenders. i jokingly refer to them as the expiry. ers. there are several dozen of those. there is the estate tax. originally was part of 2001-2003 but in 2010, there was a revised version of what it looks like. that expires at the end of the year. in 2009, president obama took office and the stimulus act...
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317
Dec 31, 2012
12/12
by
CNBC
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along with our own maria bartiromo on the fiscal cliff. stay tuned. you're watching cnbc the first in business worldwide. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack. we're more than 78,000 people looking out for more than 70 million americans. that's health in numbers. unitedhealthcare. >>> well, it's crunch time. the president says a deal is close but not done. we've heard the same from mitch mcconnell. then the president threw in this monkey wrench this afternoon. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone without asking also equivalent sacrifice from millionaires or companies with a lot of lobbyists, et cetera, if they think that's going to be the formula for how to
along with our own maria bartiromo on the fiscal cliff. stay tuned. you're watching cnbc the first in business worldwide. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they even reward me for addressing my health risks. so i'm doing fine... but she's still going to give me a heart attack....
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69
Nov 27, 2012
11/12
by
FBC
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eye 69
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the fiscal cliff negotiations under wa. business leaders go to washington meeting republican and democratic house leaders. but is what is good for business really good for the country? the "a-team" next. the government tracking terrorists, criminals, and students. a texas school district wants to attract their students. big brother not a big hit with the students. protests are up in egypt over president more seize power grab. will the united states it by quietly as he makes his move to become their leader? and is sure real law next? acclaims dollar mile east ♪ [ engine revs ] ♪ ♪ [ male announcer ] the merdes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. ♪ here come the -- [ cap twisting off ] hey, yo?! i lost audio. what happened?! [ ice crackling ] what!?!? oh, it better not be! what's going on? ♪ it'sime to put a stop to this! yay-e,
the fiscal cliff negotiations under wa. business leaders go to washington meeting republican and democratic house leaders. but is what is good for business really good for the country? the "a-team" next. the government tracking terrorists, criminals, and students. a texas school district wants to attract their students. big brother not a big hit with the students. protests are up in egypt over president more seize power grab. will the united states it by quietly as he makes his move...
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210
Dec 2, 2012
12/12
by
FOXNEWSW
tv
eye 210
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the fiscal cliff is a serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> welcome tt colonel, editorial report, i'm paul gigot, not a meeting of the minds between president obama and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to entitlement spending something the speaker says must be part of any final deal. wall street journal columnist and dan henninger, and mary an anna-- anastasia o'grady and kim strassel. you've been talking it it sources and is the mood as hour as it sounds. >> it is by the end of this week and here is why, the republicans came out right after the election and said to the president, you want revenue here. you want revenue on the wealthy, we'll give it to you, limiting tax deductions for the wealthy. the president instead of taking that and running with tceiling a deal has been campaigning for tax hikes and to cap it off sent treasury secretary tim geithner to congress wit
the fiscal cliff is a serious business and i'm here seriously trying to resolve it and i would hope the white house would get serious as well. >> welcome tt colonel, editorial report, i'm paul gigot, not a meeting of the minds between president obama and house speaker john boehner where talks to end the fiscal showdown ends. the president for his park took his place for the public and called for america and little cuts to entitlement spending something the speaker says must be part of any...
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132
Aug 22, 2012
08/12
by
CNN
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eye 132
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government waste or the cost of doing business? we had an interesting segment today. we found out that the federal government spends more than $15 billion a year on travel which is half of the size of the entire budget for the u.s. justice department. and according to the senator tom coburn is wasteful and some of them are conventions where you do zip lining, and who is doing them? according to darrell issa, one group is the veteran affairs department. currently is being investigated for spending $5 million on two conferences in orlando last summer. this headline comes after the 9th circuit court of appeals, one of the most influential courts spent millions in maui. tom is with us, and he tracks waste and fraud. he's "outfront" tonight. i want to start with the veterans affair before we get to the maui situation. $5 million on two conferences in orlando. representative issa says they spent $52,000 for a video for the training conference, and then $84,000 on pens and hand sanitizers and i mean, i feel badly make a joke about this, but isn't that absurd? >> it is absurd
government waste or the cost of doing business? we had an interesting segment today. we found out that the federal government spends more than $15 billion a year on travel which is half of the size of the entire budget for the u.s. justice department. and according to the senator tom coburn is wasteful and some of them are conventions where you do zip lining, and who is doing them? according to darrell issa, one group is the veteran affairs department. currently is being investigated for...
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118
Sep 12, 2012
09/12
by
FOXNEWS
tv
eye 118
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they think they can come back in december and make some kind of deal and save us from a fiscal cliff. i know from become in business they are deciding whether they are going to hire people next year whether they are going to expand. a lot of the damage is going to be done in december if we go home without fixing some of these things. i will continue to advocate not just found p funding for government but they extended the tax rates for years. harry reid is sitting on that. we are not taking it up. republicans want to refund our mill tear reap and put back that money that is going to come out in january. the president wants to trade the tax increase for that. >> to be fair you both agreed to those rules. speaker boehner said if you couldn't get to a budget agreement this would be a fall back. i am wondering about colleagues in a house who are going to sign on something that would technically increase the money. a lot of conservative colleagues are furious because they are a part of that. what do you make of that? >> before we went home in august a number of us conservatives were trying
they think they can come back in december and make some kind of deal and save us from a fiscal cliff. i know from become in business they are deciding whether they are going to hire people next year whether they are going to expand. a lot of the damage is going to be done in december if we go home without fixing some of these things. i will continue to advocate not just found p funding for government but they extended the tax rates for years. harry reid is sitting on that. we are not taking it...
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83
Nov 15, 2012
11/12
by
CSPAN
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eye 83
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it will be good for businesses. it takes the edge off the fiscal cliff. and let's also then commit ourselves to the broader package of deficit reduction that includes entitlement changes and includes potentially tax reform as well as, i'm willing to look at additional work we can do on the discretionary spending side. i want a big deal, i want a comprehensive deal, i want to see if we can, you know, at least for the foreseeable future provide certainty to business and the american people so we can focus on job growth so that we're also investing in the things that we need. but right now, what i want to make sure of is that taxes on middle class families don't go up and there's an easy way to do that. we could get that done by next week. >> thank you, mr. president. on immigration reform, the criticism in the past has been that you did not put forth legislation with specific ideas and send it up to the hill. this time around you have said again that this will be one of the top priorities for a second term. will you then send legislation to the hill? and ex
it will be good for businesses. it takes the edge off the fiscal cliff. and let's also then commit ourselves to the broader package of deficit reduction that includes entitlement changes and includes potentially tax reform as well as, i'm willing to look at additional work we can do on the discretionary spending side. i want a big deal, i want a comprehensive deal, i want to see if we can, you know, at least for the foreseeable future provide certainty to business and the american people so we...
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Nov 28, 2012
11/12
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FOXNEWSW
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eye 109
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how the fiscal cliff impacts their businesses. griff jenkins speak was the vice president and general manager of family owned company, princeton tech. >> we've been making products for the military over 10 years now. the military is being a u.s. manufacture they came to us, saw our product at various retailers, our headlamps and said that is a great headlamp. make changes and it will be a better headlamp for the military. >> sek quest traigs then, can military cuts which seem to be forth coming could then force troops to have to buy their own headlamp? >> yes. we're seeing it already. >> already? >> yes. >> we're seeing it where budget comes are coming into play. we're getting calls from troops and things that, where can i buy the product? i need to buy 144 of them. we're sending them to places because they don't have the budget. they need the product. the government not giving them budget to buy. >> you make the military lights, you make the outdoor sports, hiking that sort of stuff. you make scuba diving lights. you make industr
how the fiscal cliff impacts their businesses. griff jenkins speak was the vice president and general manager of family owned company, princeton tech. >> we've been making products for the military over 10 years now. the military is being a u.s. manufacture they came to us, saw our product at various retailers, our headlamps and said that is a great headlamp. make changes and it will be a better headlamp for the military. >> sek quest traigs then, can military cuts which seem to be...
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Nov 27, 2012
11/12
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the president's fiscal cliff campaign. live pictures of the white house are president obama will meet today with 15 small business owners. the first of a series of meetings this week as the administration puts the pressure on congress to make a deal. the "washington post" reporting the talks are accelerating between president obama and top congressional leaders, including john boehner who was on the phone with the president over the weekend. the white house's pr campaign is being buoyed along by warren buffett who is voicing support for tax hikes for americans just like him. >> i think it would have a great effect in terms of the morale of the middle class who have seen themselves paying high payroll taxes, income taxes and then watched guys like me end up paying a rate that's below that, you know, paid by the people in my office. >> joining me now is wisconsin's republican senator ron johnson. senator, it's great to have you with us this morning. and as we talk about what's taking place in washington, d.c. right now, the
the president's fiscal cliff campaign. live pictures of the white house are president obama will meet today with 15 small business owners. the first of a series of meetings this week as the administration puts the pressure on congress to make a deal. the "washington post" reporting the talks are accelerating between president obama and top congressional leaders, including john boehner who was on the phone with the president over the weekend. the white house's pr campaign is being...
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Dec 23, 2012
12/12
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. >> let's start off talking about the big issue, this fiscal cliff business. there's a lot of talk going on, but is there any real progress being made? >> well, not now. everybody's gone home for a cooling off period. people are home for christmas. the president's out in hawaii. i'm sure the staffs are working on it, but, boy, i have to say, like a lot of people, up till thursday, i thought there was, you know, lot of posturing, lot of jockeying, they were going to get a deal done because the alternative was so terrible. after republicans defeated their own speaker, speaker boehner's plan that would only have raised taxes on people making a million dollars or more, less than 1% of all taxpayers and they thought that was too extreme, i'm not sure we'll get a deal. you could see that in the markets on friday, which went down 100 points. >> another big issue that has everyone talking is what happened in newtown, connecticut, because that has sparked this gun control debate. no matter what side you're on, you'll be talking about that as well. >> we are, indeed. fi
. >> let's start off talking about the big issue, this fiscal cliff business. there's a lot of talk going on, but is there any real progress being made? >> well, not now. everybody's gone home for a cooling off period. people are home for christmas. the president's out in hawaii. i'm sure the staffs are working on it, but, boy, i have to say, like a lot of people, up till thursday, i thought there was, you know, lot of posturing, lot of jockeying, they were going to get a deal done...
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Aug 16, 2012
08/12
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that's how many days america has before falling off the fiscal cliff. but there just might be some hope. a force to be reckoned with on capitol hill. now, here's what the newly minted running mate said today on a campaign stop in las vegas. >> the president has given us deficits every time. more borrowing, spending, more taxing, more regulating and if he's re-elected, it will be more of the same. we are not going to let that happen. >> the question is, is the romney-ryan ticket the key to writing the fiscal ship? if they do when i know the white house, how fast can they get the job done? we bring in two veterans of the house, dick gephart and dennis hoster, republican from illinois. both of you honor me. thank you very much. you heard paul ryan blame the democrats, really more in the senate. they have had plenty of votes in the house. can that log jam be broken if they take the white house? >> well, it can be broken, no matter who win it is white house. if the next president, whether it's obama or romney, really leads on this and works with the congress
that's how many days america has before falling off the fiscal cliff. but there just might be some hope. a force to be reckoned with on capitol hill. now, here's what the newly minted running mate said today on a campaign stop in las vegas. >> the president has given us deficits every time. more borrowing, spending, more taxing, more regulating and if he's re-elected, it will be more of the same. we are not going to let that happen. >> the question is, is the romney-ryan ticket the...
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Nov 25, 2012
11/12
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FOXNEWSW
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should we fall off this fiscal cliff how would it effect the small businesses in this country? >> well, i think right now, ar they will. that's t -- arthel that's the big question. most have no idea what they are facing. if all of the bush tax cuts do expire as they are slated to do then small business owners would be looking at massive tax hikes across the boards. right now they are filling out their budgets for the following year doing something congress has not been able to do in years. but they are filling out their budget. if they think they are facing a huge tax hike, what they are going to do is they are not going to hire people. they are going to lay people off. we have this other new aspect to all of it which is they are going to triple worker's hours so they can avoid the new obama care tax that is slated to kick in. >> tell me this because we do talk about the small businesses. we want them to be alive and vibrant. what percentage of small businesses would be effected if the tax rates did increase? >> well, based on what president obama has said so far, he would not
should we fall off this fiscal cliff how would it effect the small businesses in this country? >> well, i think right now, ar they will. that's t -- arthel that's the big question. most have no idea what they are facing. if all of the bush tax cuts do expire as they are slated to do then small business owners would be looking at massive tax hikes across the boards. right now they are filling out their budgets for the following year doing something congress has not been able to do in...
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Jun 27, 2012
06/12
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CNBC
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cliff we're talking about. you don't think that will happen though? >> i think the best thing we can do is a growing economy and more importantly to families and businesses, but that's not giving us the long term growth and reform that we need going forward. it would solve the problem for a year or so, but not the long-term problems we have been ignoring for far too long. >> i hate when both sides of the aisle say we have to simplify the tax code, and nobody seems to be able to get it done. >> we put in our budget with a 25% corporate and individual rate. that did receive a bipartisan vote, did pass the house of representatives, so we have a mark tler in the direction we want to go, and we need to make sure that we continue to push forward to get there. >> i hate to harp on the timing of the fiscal cliff fix, but this is what is concerning a lot of investors, workers, and so forth, a white house economist betting this doesn't happen until after the election, what do you think? >> i think that is probably accura
cliff we're talking about. you don't think that will happen though? >> i think the best thing we can do is a growing economy and more importantly to families and businesses, but that's not giving us the long term growth and reform that we need going forward. it would solve the problem for a year or so, but not the long-term problems we have been ignoring for far too long. >> i hate when both sides of the aisle say we have to simplify the tax code, and nobody seems to be able to get...
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Dec 13, 2012
12/12
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meanwhile, fed chairman ben bernanke, the man who coined the term fiscal cliff, urgently warned that just approaching the edge is causing damage. >> why is it that consumer confidence dropped so sharply this week? why is it that small business confidence dropped so sharply? why are the markets volatile, even though we're not yet even reached the point of the fiscal cliff potentially kicking in? it's already affecting business investment and hiring decisions by creating uncertainty or creating pessimism. >> a new nbc news wall street journal poll finds that nearly half the country does not think a deal will be reached. by a 2-1 margin, voters trust the president to handle the negotiations over speaker boehner. the last speaker of the house nancy pelosi had some stern advice for mr. boehner. >> you can bring a bill to the floor that the republicans don't have to vote for except for 25 of them. i had to do it as speaker. do you know what it was like to bring a bill to floor to fund the war in iraq. it's tough, but you have to do it, so is the point that you don't want to put your member
meanwhile, fed chairman ben bernanke, the man who coined the term fiscal cliff, urgently warned that just approaching the edge is causing damage. >> why is it that consumer confidence dropped so sharply this week? why is it that small business confidence dropped so sharply? why are the markets volatile, even though we're not yet even reached the point of the fiscal cliff potentially kicking in? it's already affecting business investment and hiring decisions by creating uncertainty or...
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Jul 30, 2012
07/12
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FOXNEWS
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i am sorry about what happened yesterday, i thought something had to be done on the fiscal cliff before the election. >>eric: and one more for you to listen to, bill clinton talking about romney's sterling business career. >> this is in question in terms of getting up and going to the office and performing the essential functions of the office, a man who has been governor and had a sterling business career, crosses the qualification threshhold. >> the fat i was complementing his suggestion as a business person doesn't mean i think he should be elected and president obama shouldn't. >>eric: why do you thing he walked back the comments? >>guest: he cannot be out there so directly undermining the president's campaign. he has to look like he is trying his best and maybe at the end of the day he wants obama to be re-elected but there is clearly undermining of the campaign with the sterile business career is killer. like president obama's number one message the last several months, and they will take president obama's word and run them over and over again, the romney campaign is, as a rebutta
i am sorry about what happened yesterday, i thought something had to be done on the fiscal cliff before the election. >>eric: and one more for you to listen to, bill clinton talking about romney's sterling business career. >> this is in question in terms of getting up and going to the office and performing the essential functions of the office, a man who has been governor and had a sterling business career, crosses the qualification threshhold. >> the fat i was complementing...
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Nov 17, 2012
11/12
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from generals under fire to a looming fiscal cliff, we examine the gauntlet's being thrown down tonight on "washington week." >> i think we're all aware that we have some urgent business to do. gwen: at the white house today, talk of compromise. >> it's going to be incumbent on my colleagues to show the american people that we're serious about cutting spending and solving our fiscal dilemma. >> we have the cornerstones of being able to work something out. gwen: but the post-election sparks are flying everywhere else. distinguished generals under fire, accused of inappropriate behavior. >> it was a very sad situation to have a distinguished career like that end in this manner. gwen: lawmakers pledging to get to the bottom of the benghazi attacks draw lines in the sand. >> we will do whatever is necessary to block the nomination that's within our power as far as susan rice is concerned. gwen: and the president pushes back. >> for them to go after the u.n. ambassador and to besmirch her reputation is outrageous. gwen: and mitt romney stirs intraparty recrimination with this post-election a
from generals under fire to a looming fiscal cliff, we examine the gauntlet's being thrown down tonight on "washington week." >> i think we're all aware that we have some urgent business to do. gwen: at the white house today, talk of compromise. >> it's going to be incumbent on my colleagues to show the american people that we're serious about cutting spending and solving our fiscal dilemma. >> we have the cornerstones of being able to work something out. gwen: but...
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Nov 29, 2012
11/12
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. >> the president had a busy fiscal cliff day, also met privately with the ceo ofs of home depot, coca-cola and yahoo!. not to be out done on this pr front, house republicans made it public, hosting a group of nervous business leaders. they've signed on to a campaign called fix the debt. they want big spending cuts to supplement the coming tax hikes. >> i'm hopeful but i wouldn't put me anywhere near the optimistic category. we have a long way to go and a few days to get it done. >> don't forget that's erskine bowels. republicans are trying to put pressure on democrats even as democrats enjoy the moment on taxes. here is where republicans are on entitlements. >> there's been no serious discussion by the white house on entitlements, on medicare and medicaid. this has to be a part of this agreement or else we just continue to dig the hole deep i. >> republicans are very frustrated that what's taking up oxygen right now is the issue of taxes. in fact, yesterday that's what happened. the first major public break inside the republican controlled house, oklahoma congressman tom cole who endorsed
. >> the president had a busy fiscal cliff day, also met privately with the ceo ofs of home depot, coca-cola and yahoo!. not to be out done on this pr front, house republicans made it public, hosting a group of nervous business leaders. they've signed on to a campaign called fix the debt. they want big spending cuts to supplement the coming tax hikes. >> i'm hopeful but i wouldn't put me anywhere near the optimistic category. we have a long way to go and a few days to get it done....
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Nov 12, 2012
11/12
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. >>> efforts to aavert the fiscal cliff move into high gear this week. congress returns tomorrow, and president obama will meet with labor and progressive leaders. the president will host leaders of the business community on wednesday to try and enlist support before hosting congressional leaders from both parties on friday at the white house. in the meantime, more republicans are sounding open to compromise. >> i think there is a deal. look, the ying and yang of this is we know there has to be revenues, and i haven't met a wealthy republican or democrat in tennessee that's not willing to contribute more as long as they know we've solved the problems. >> joining me now is washington correspondent -- >> a little bitz on millionaires. i don't understand why republicans don't take obama's offer to freeze taxes for everyone below 250,000. >> now joining me is ayman javers. you have two comments. top conservatives saying they don't know any rich republican who wouldn't be willing to put more money on the table. i have to ask you about the president's strategy
. >>> efforts to aavert the fiscal cliff move into high gear this week. congress returns tomorrow, and president obama will meet with labor and progressive leaders. the president will host leaders of the business community on wednesday to try and enlist support before hosting congressional leaders from both parties on friday at the white house. in the meantime, more republicans are sounding open to compromise. >> i think there is a deal. look, the ying and yang of this is we know...